Common use of Maximum Numbers Clause in Contracts

Maximum Numbers. The number of shares of First Northern Common Stock to be converted into the right to receive Survivor Common Stock in the Merger shall equal the Maximum Stock Number. The number of shares of First Northern Common Stock to be converted into the right to receive cash in the Merger shall equal the Maximum Cash Number. Notwithstanding any other provisions of this Agreement, at least 40% of the number of shares of First Northern Common Stock issued and outstanding immediately prior to the Effective Time shall be converted into whole shares of Survivor Common Stock.